01Resource ventures, ownership and transaction structures
We review the documents supporting the proposed resource activity, the project entity, counterparties and relevant authorisations. For an investment, acquisition or joint venture, the work examines ownership, contributions, decision rights, funding commitments, transfer conditions and exit. The legal structure should reflect the commercial responsibilities of the parties and the rights actually available to the venture.
Due diligence distinguishes documentary evidence from technical and commercial assumptions. Resource assessments, production forecasts and engineering findings require appropriate specialist input. Legal advice connects that information to transaction conditions, disclosures and the continuing obligations a client would accept.
02Operating services, processing and value-chain contracts
Extractive operations may depend on contractors, equipment, processing facilities, storage, transport and sales arrangements. We advise on service agreements, supply documentation, consortium relationships, processing arrangements and offtake. The review addresses scope, quality, measurement, delivery, pricing, payment security, insurance, responsibility and the treatment of interruption or default.
Where several businesses contribute to the value chain, contractual interfaces need careful attention. An obligation to deliver a product may depend on access, processing capacity or transport controlled by another party. The documents should identify those dependencies and provide workable notices, remedies and escalation procedures.
03Environmental obligations, financing and restructuring
Environmental conditions, stakeholder commitments and closure or remediation responsibilities can affect expenditure and the ability to continue operating. We assess the legal implications of identified obligations and how they are recorded in contracts, financing arrangements and governance. This work is coordinated with the relevant environmental and technical advisers.
For financing, refinancing or financial distress, we examine creditor arrangements, security, consent requirements and obligations that must continue through a change. An orderly sale, restructuring or exit needs attention to the resource rights, operating contracts, public-facing commitments and liabilities that may survive the transaction.